Regulations Governing Offshore Insurance Branches Article 2

An offshore insurance branch having any of the following circumstances shall report the matter to the Financial Supervisory Commission (“FSC”) and notify the Central Bank of the Republic of China (Taiwan) (“CBC”):1. Commencement of business.2. Material change in business plan.3. Occurrence of, or foreseeable, material loss.4. Occurrence of material litigation.5. Any violation of the Act or of any order promulgated by the competent authority pursuant to the Act.Matters set forth in subparagraphs 1 and 2 of the preceding paragraph shall be reported before the fact; matters set forth in subparagraphs 3 to 5 shall be reported within 5 days from the day the matter is known or the event occurs.
中文原文 國際保險業務分公司管理辦法第2條
國際保險業務分公司有下列情事之一者,應向金融監督管理委員會(以下簡稱金管會)申報,並副知中央銀行:
一、開業。
二、變更重大營業計畫。
三、發生或可預見重大虧損情事。
四、發生重大訴訟案件。
五、發生違反本條例或主管機關依本條例所發布命令之情事。
前項第一款及第二款事項,應事先申報;第三款至第五款事項,應於知悉或事實發生之日起五日內申報。

English translation for reference only; the Chinese text prevails. Not legal advice.